Region: Ontario
Area of Law: Gaming / Gambling Law
Answer # 5659
Area of Law: Gaming / Gambling Law
Answer # 5659
What types of sports bets can you make?
Region: Ontario Answer # 5659There are several types of sports and event bets people can make.
These include:
- Money line: A bet on the team you think will win the game
- Total or over/under bet: The bookmaker sets the total number of points the two teams must score. Then, a bet is made on whether this amount will be less than or greater than the total set by the operator.
- Spread: This is a bet on how good one team or player is over another. An example is a bookmaker indicating a spread of -2 when a certain team wins, which means the team must win by two points for the bettor (person making the bet) to receive a payout.
- Futures betting: This is a bet on an outcome or event that will occur in the future, such as bets on the results of the season end or the championship of a certain sport.
- Sports betting in real-time: These are bets made during a game or match.
- Express or multi-bets: These are bets made on several sporting events or games at the same time.
- Proposition bets (prop bets): In simplest terms, a prop bet is anything that does not deal with the outcome of a game. Instead, prop bets are based on such things as individual player performances, coach behaviour, in-game events, or non-game-related activities.
- Teaser bets: A teaser bet is a type of parlay bet that allows the bettor to combine his bets on two or more different games. These bets allow bettors to change the point spread or totals for a game to their advantage, making the bet easier to win. However, in the event of a win, the sportsbook will lower the payout,
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